CEO of Diane von Furstenberg Resigns

Total Retail’s Take: The exit of Riva is a bit surprising, especially since it took Diane von Furstenberg, the company’s founder, longer than expected to hire Riva because she wanted to find the right person who could eventually become her “heir,” according to sources. It will be interesting to see what Riva’s next step is, as well as whether the retailer will name a CEO to replace her or continue with von Furstenberg solely at the helm.